New business ideas are exciting. It’s invigorating waking up every day, inspired by what you believe to be a product that will change the way consumers think. But, unless you have startup funds, your vision will yours and yours alone. There are many ways to find…
If you are looking to 2021 as a rebuilding year for your small business, you are not alone. The rebuilding process may bring its own challenges as you strain your cash flow to manage your small business growth. Here are 7 areas of your small business…
Going into this year for business, you need to focus on your cash on hand. Small business has been hit hard and will continue to be affected by the ongoing pandemic. The difference between mere small business survival and small business rebuilding comes down to your…
In this episode of #TheMoneyFactor, CEO Ian Varley discusses how to prepare to grow your small business in 2021. Watch the video or read the transcript below. Obviously 2020 has been a very difficult year for many companies and the uncertainty that the pandemic has caused…
So, what exactly is receivables finance? In short, it is a simple way to get immediate money for your open invoices or receivables. It comes at a cost of one to four percent of the receivable’s value. It is easier to qualify for than a bank…
Now more than ever, it is so important that you increase your working capital in order to protect your business. A recession and global pandemic means that every business is shaken up. It is definitely possible that some of your customers will be unable to pay…
How do you intend to stay in business for the next year? There is an opportunity to build your business even stronger than before. There are a few routes you can take, but they all require planning and having the cash flow to be able to…
Many small businesses find themselves cursed with success. Large orders start to come in from customers, and the company’s cash flow is not enough to cover the cost of fulfilling those orders, even though the end result would be extremely profitable. In these cases, many business…
If you are running a small business, you’ve probably found yourself in a frustrating, but very common situation. You may find that your business is running low on cash. Your customers could owe you plenty of money for your goods or services, but without cash on…
There is a lot of negative news out there. Unemployment is still high. Small businesses are still struggling. It’s important to focus on the positives, and there are some positives out there for people that want to start a business. Despite economic uncertainty and an unchecked…